St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-25

4 RTICLES OF INCORPORATION OF RICH
II mond and ST. Paul Land and Improvement
Company. We the undersigned. do hereby
associate ourselves and thereby form cor.
poration under and pursuant to the provisions OF
title two, of chapter thirty-four of the General
Statutes of the State of Minnesota and of the acts
amendatory thereof and supplementary thereto,
and to that enc do adopt and sign the following
articles. viz:
Article The name of said corporation shall
be Richmond and st. Paul Land and Improve
ment Company" The general nature OF its bust.
ness shall be the buying, owning. improving. SELL
ing and dealing in lands, tenements and heredita-
ments, real, mixed and personal estate and prop
erty. Tha principal place OF transact.ng the bust
ness OF said corporation shall be the City of 1T.
Paul. N the County of Ramsey and State of Min
nesota.
Article 2-The time of commencement of said
corporal on shall be the first day of February, A.
ID. 1881, and the period OF the continuance thereof
shall be thirty years.
Article 3-The amount of capital stock of said
corporation shall be five hundred thousan: dol
lars, and the same shall pc paid in at such times
aad in such manner as the Board of rectors
thereof shall from time to time by resolution
designate.
Arr.cle 4-The highest amount of Indebtedness
or liability to which said company shall at any
time be subject shall be the sum of five hundred
thousand dollars.
Article 5-lhe names and places OF residence of
the persons forming such association for incor-
poration are follows viz: j. Royal McNurran,
Gustav Willus and Hiram +. stevens, and they
all reside at the City of ST Paul in the Count; Of
Ramsey and State of Minnesota
Article 1.-THE names of the first Board of Diree-
tors follows II. William Pembertop 7,
Royal MoMurran, Joseph Bryan, Carter w .
Branch James II. DooF5y and Peter II. Mayo. The
government of said corporation and the manage
ment of its affairs shall be be vested in a Boara of
six Directors and subject to their direction In
such officers or agents they may from time to
time by resolution designate. During the first
year OF the existence OF the SAID corporation
James H. Dooley shall be President and Peter h
Mayo shall be Vice President: Hugh A. McCurdy
shall be Secretary and James II. Dooley shall be
Treasurer. Said .rectors shall be elected by the
Stockholders OF said corporation after the first
at the mountaineering of said stockholders which
shall be held ontne first Tuesday of February in
each year. The other officers above specified
shall be elected after the first year by the Board
of Directors at the annual meeting thereof
which shall be held as soon as practicable after
the meeting of stockholders in each year above
specified. Each Director and officer shall con-
/ unue in Office until his successor shall have been
duly elected and quail fed.
Meetings of said corportion for the cleo
ton of officers, the adoption. amendment or
repeal OF the bylaws, or any part thereof,
or Tor the transaction of any other business of
sa d corporation, may be held at the principal
place of business thereof, above specified, or
at tile City OF Richmond, IN the State OF Virginia
The first Board of Directors of said corporation
may adopt bylaws which shall remain in force un.
! til the first annual meeting ABOVE specified
! and until and except as thereafter amended by a
vote of majority of the stockholders of said
corporation.
Article THE number of shares in the capital
stock of said corporation shall be five Thousand:
the amount of each share shall be one hundred
dollars. .-.....
In testimony whereof we have hereunto set our
; hands and affixed seals this oath day of
January, a. ID. 1887.
j. RoYALL McMURRAN, fiscal |
.-... GUSTAV WILLIUS, fSeaI
= -.---.- HIRAM F. STEVENS, seal
In presence of:
l. SAMUEL SlCMURRAN.
w. b. BOURNE.